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Trading IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX, according to a press release published on May 23. The partnership aims to allow institutional clients o...

Proposal’s Merger Paves Way for New Bitcoin Lightning Features

May 13, 2019 / Alyssa Hertig

A new routing proposal is expected to be merged today into the official “specifications” of lightning, the technology many advocates trumpet as the fix to bitcoin’s long-standing payment problems.
Christian Decker, one of the most prolific lightning developers who engineers for the tech startup Blockstream, pointed out that the proposal, which he wrote, is moving on to the next stage at CoinDesk’s Consensus 2019 conference, emphasizing that this change will pave the way for many highly-anticipated lightning features. These new features are needed because lightning is still experimental and considered even “reckless” to use, as some people are still occasionally losing money from bugs in the protocol. The hope is that new features such as these will continue to help make the payment method easier to use. Decker elaborated to CoinDesk: “This enables quite some cool new features, including multi-path routing, trampoline routing, and so fort...

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Other News

Trading IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX, according to a press release published on May 23. The partnership aims to allow institutional clients o...